Chaparral Energy Inc (CHAP) USD0.01 A
Chaparral Energy, Inc. is an independent oil and natural gas exploration and production company. The Company is a Mid-Continent operator with focused operations in Oklahoma’s STACK Play, where it has approximately 110,000 net acres and more than 3,500 potential drilling locations primarily in Oklahoma’s Blaine, Canadian, Garfield, Kingfisher and major counties. The Company has produced more than 1 billion barrels of oil equivalent and more than 350,000 net surface acres in the mid-continent region. The Company’s stacked pays allow operators, such as Chaparral, access to drill multiple formations from a single location. With the ability to drill up to 16 separate horizontal wells from a single vertical wellbore, the STACK provides improved oil and gas recoveries and an overall smaller surface footprint.
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